Whether you are paying on behalf of a non-government entity, a government entity, or making a personal gift, you’ll find everything you need to know about wiring funds here.

Determine wire transfer type

MIT accepts three types of wire transfers from payees/donors—non-government wires, government wires, and gift wires. To transfer money to MIT, follow the specific instructions below for the type of wire transfer you wish to make.

Include required account information

If you are making a transfer payment on behalf of a non-government entity, you must include the following recipient information to ensure the payment is properly credited:

  • Bank name—Bank of America, NA
  • Bank address—100 Federal Street, Boston, MA 02110
  • Wire payment ABA routing number—026 009 593
  • ACH ABA routing number—011 000 138
  • SWIFT code—BOFAUS3N
  • DDA account number—004632424694 (“MIT incoming wire”)
  • Wire details—name of MIT program and invoice number or account number to which the transfer should be credited

If you are making a transfer payment on behalf of a government entity, you must include the following recipient information to ensure the payment is properly credited:

  • Bank name—Bank of America, NA
  • Bank address—100 Federal Street, Boston, MA 02110
  • Wire payment ABA routing number—026 009 593
  • ACH ABA routing number—011 000 138
  • SWIFT code—BOFAUS3N
  • DDA account number—000500376603 (“MIT campus master”)
  • Wire details—name of MIT program and invoice number or account number to which the transfer should be credited

If you are making a gift in U.S. dollars or foreign currency, you must include the following recipient information to ensure the payment is properly credited:

  • Bank name—Bank of America, NA
  • Bank address—100 Federal Street, Boston, MA 02110
  • Wire payment ABA routing number—026 009 593
  • ACH ABA routing number—011 000 138
  • SWIFT code—BOFAUS3N
  • DDA account number—004622832542 (“MIT RSO gift receipts”)
  • Wire details—name of MIT program and invoice number or account number to which the transfer should be credited
Notify MIT Recipient

Before you make a wire transfer, you must notify the receiving MIT department or office to ensure that MIT’s bank properly credits the payment.

If you are making a gift, send a fax, letter, or email to the Office of the Recording Secretary (see below) with the following information:

  • donor name
  • amount of wire transfer
  • currency type, if not U.S. dollars (e.g., Japanese yen, Euro dollars/Euros, Swedish krona)
  • purpose of gift/gift designation
  • name/location of sending bank
  • anticipated date of transfer

 

MIT Office of the Recording Secretary

617-258-8316 (fax)

617-253-5048 (phone)

bankwire@mit.edu

The Details

Determine wire transfer type

MIT accepts three types of wire transfers from payees/donors—non-government wires, government wires, and gift wires. To transfer money to MIT, follow the specific instructions below for the type of wire transfer you wish to make.

Include required account information

If you are making a transfer payment on behalf of a non-government entity, you must include the following recipient information to ensure the payment is properly credited:

  • Bank name—Bank of America, NA
  • Bank address—100 Federal Street, Boston, MA 02110
  • Wire payment ABA routing number—026 009 593
  • ACH ABA routing number—011 000 138
  • SWIFT code—BOFAUS3N
  • DDA account number—004632424694 (“MIT incoming wire”)
  • Wire details—name of MIT program and invoice number or account number to which the transfer should be credited

If you are making a transfer payment on behalf of a government entity, you must include the following recipient information to ensure the payment is properly credited:

  • Bank name—Bank of America, NA
  • Bank address—100 Federal Street, Boston, MA 02110
  • Wire payment ABA routing number—026 009 593
  • ACH ABA routing number—011 000 138
  • SWIFT code—BOFAUS3N
  • DDA account number—000500376603 (“MIT campus master”)
  • Wire details—name of MIT program and invoice number or account number to which the transfer should be credited

If you are making a gift in U.S. dollars or foreign currency, you must include the following recipient information to ensure the payment is properly credited:

  • Bank name—Bank of America, NA
  • Bank address—100 Federal Street, Boston, MA 02110
  • Wire payment ABA routing number—026 009 593
  • ACH ABA routing number—011 000 138
  • SWIFT code—BOFAUS3N
  • DDA account number—004622832542 (“MIT RSO gift receipts”)
  • Wire details—name of MIT program and invoice number or account number to which the transfer should be credited
Notify MIT Recipient

Before you make a wire transfer, you must notify the receiving MIT department or office to ensure that MIT’s bank properly credits the payment.

If you are making a gift, send a fax, letter, or email to the Office of the Recording Secretary (see below) with the following information:

  • donor name
  • amount of wire transfer
  • currency type, if not U.S. dollars (e.g., Japanese yen, Euro dollars/Euros, Swedish krona)
  • purpose of gift/gift designation
  • name/location of sending bank
  • anticipated date of transfer

 

MIT Office of the Recording Secretary

617-258-8316 (fax)

617-253-5048 (phone)

bankwire@mit.edu

Did You Know?

VPF Accounts Receivable (AR) generates monthly aging reports to identify invoices that are overdue for payment and initiates collection activities for bills that are more than 60 days late.
1 of 1